What is Cryto? Crypto is the modern name for money, but it’s also the name of encrypted messages. People use crypto to keep their customers’ information safe and to transfer money. The most popular crypto application at the moment is a digital wallet (or “digital purse”) which you can use to store your money and pay for things online.
To get started with Crypto, you first need an account . You can choose between online or offline wallets, or you can get a free online wallet with your email address. You will then need to download a software which has the same functions as your bank’s website, e.g., you will have to log in, create an account and transfer funds from your bank account. Once that has been done, we will be able to find out how much money you have on our exchange platform and sell it!
I am Andrew Steven, a 28 year old Canadian living in Toronto. I have been investing in Bitcoin and other Crypto Currencies since 2013 and writing about it since 2017. I have been blogging about the crypto markets on various platforms since 2013.
I currently have 5 Posts on Steemit: https://steemit.com/@cryptocrypto
My posts are meant to be educational and informative for people who are new to cryptocurrency investing and trading, so that they can understand what is happening in the markets but also how to get started with their own investments by following my step-by-step guides.
I do not intend to make money from this blog, so it will only be monetised through ads (Google Adsense) or through donations that can be made directly to my Paypal account by contacting me at firstname.lastname@example.org
Creating an account on an exchange can be a daunting task. I started by reading so many guides to do it that I ended up with a headache. The best way to get started is by taking a step-by-step approach, and this guide covers the five most important steps to get started.
This is not a cryto investment advice forum. This is a cryto investment advice forum. Please read the above post before writing to me with your questions and concerns. I will be happy to answer questions on other parts of this website, and I encourage you to read more about cryto in general.
Please note: This is a public blog, so you will have to register an account with this site to view it.
I am not a financial expert, so this is purely my opinion- but I believe that the current market formation is the best to buy in and set up a long-term portfolio.
After reading this article I was thinking about what it was that caught me about crypto, and what I have learned from crypto so far.
1. As of this moment there are two types of people that invest in cryptos: FOMO investors (Fear Of Missing Out) and HODLers (Hold On For Dear Life).
2. HODLers are normally day traders, and FOMOs are day traders who don’t know how to cope with losses. Both of them tend to miss out on opportunities that are right in front of them. Let’s be honest here – nobody wants to sell at a loss. People do it because they want to get rich fast, and they don’t want to deal with losing money.
3. However, even if you can survive early losses, people will still expect you to be a day trader if you invest in cryptos. People think that being an investor means making profits, which is just not true for most cryptos! If you’re an investor then you need to understand what it means when your coin experiences an
Crypto is essentially a new kind of money. In the last 20 years we have seen the birth of PayPal, iTunes, Facebook, and Google. Crypto is an interesting parallel because it has been around for much longer and has had more time to become mainstream. Bitcoin is the first killer app, but there are many more to come.
Crypto coins are not as difficult to understand as people think. First, understand that crypto is based on public/private key cryptography invented in the 1970s and 80s by two security researchers: Whitfield Diffie and Martin Hellman. Secondly, consider all the users who still use AOL to log in to their email accounts after 15 years without upgrades. These things take time to change.
Crypto will be a lot easier to understand when it’s finally worth something – but I’m not waiting around for that day. I’m already getting some solid returns on my BTC holdings – now I just want a few more dollars in my wallet every month.
I’ve started this blog because all the others are too small or too focused on what I see as overhyped/overvalued technologies like blockchain or LISK or FCT or AEON etc….
It’s hard enough finding investment ideas like this and I’d love some
Some people say that the first thing to do is to buy bitcoins. But they are wrong. The first thing you should do is to read the Bitcoin white paper, which contains the ideas that underlie it. It’s a bit long, but it’s worth reading even in tiny chunks.
The second thing is to start thinking about how you would use bitcoin if you had it. It’s easy to get caught up in speculating on price movements and so on, but remember that bitcoin is a new way of doing things and you’re not going to know what will work until you try something out.
The third thing you need is a wallet, which is a piece of software that holds your bitcoins for you. There are a number of ways to do this. The most popular one at the moment is Coinbase, but others exist as well, including some open-source options like Electrum.
And the fourth thing is actually to buy some bitcoins: $20 or so will get you started.